Property insurance that covers private homes.
It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. It requires that at least one of the named insures occupies the home.
The dwelling policy (DP) is similar, but used for residences that don't qualify for various reasons, such as vacancy/non-occupancy, seasonal/secondary residence, or age.